High-Growth companies of Apparel and Footwear in Philippines

Here are some of the high-growth companies in the apparel and footwear industry in the Philippines:

1. Penshoppe (Golden ABC, Inc.)

• Headquarters: Quezon City, Philippines

• Estimated Revenue (2023): USD 150-200 million (Philippines only)

• Employees: 4,000+ (Philippines)

• Main Business: Penshoppe is one of the most recognizable fashion brands in the Philippines, known for its trendy and affordable clothing. The brand has been expanding its presence across Southeast Asia and is known for its strong celebrity endorsements.

• Key Products: Casual wear, accessories, and footwear for men and women.

• Prominent Customers: Teens, young adults, and fashion-conscious individuals.

• Competitors: Bench, Forever 21 Philippines, and H&M Philippines.

• Website: Penshoppe

2. Bench (Suyen Corporation)

• Headquarters: Makati, Philippines

• Estimated Revenue (2023): USD 300-350 million (Philippines only)

• Employees: 6,000+ (Philippines)

• Main Business: Bench is a leading Filipino lifestyle and clothing brand with a vast network of stores in the Philippines and abroad. The brand is known for its diverse product range, from casual wear to personal care products.

• Key Products: Apparel, underwear, fragrances, and accessories.

• Prominent Customers: Middle-income consumers, youth, and families.

• Competitors: Penshoppe, Uniqlo Philippines, and Giordano Philippines.

• Website: Bench

3. Harlan + Holden

• Headquarters: Makati, Philippines

• Estimated Revenue (2023): USD 20-30 million (Philippines only)

• Employees: 200+ (Philippines)

• Main Business: Harlan + Holden is a contemporary fashion brand focused on minimalist and functional designs. It has gained popularity among urban professionals for its stylish yet comfortable clothing.

• Key Products: Women’s and men’s apparel, footwear, and accessories.

• Prominent Customers: Young professionals, urban dwellers, and fashion-forward individuals.

• Competitors: Zara Philippines, Uniqlo Philippines, and local designer brands.

• Website: Harlan + Holden

4. Kultura

• Headquarters: Pasay City, Philippines

• Estimated Revenue (2023): USD 50-70 million (Philippines only)

• Employees: 1,500+ (Philippines)

• Main Business: Kultura is a retail chain under SM Retail that specializes in Filipino-inspired clothing, accessories, and home goods. The brand promotes local craftsmanship and materials, catering to both locals and tourists.

• Key Products: Traditional Filipino apparel, modern fashion with local designs, and accessories.

• Prominent Customers: Local consumers, tourists, and expatriates.

• Competitors: Bench, local craft stores, and souvenir shops.

• Website: Kultura

5. Bayo

• Headquarters: Makati, Philippines

• Estimated Revenue (2023): USD 30-50 million (Philippines only)

• Employees: 800+ (Philippines)

• Main Business: Bayo is a Filipino fashion brand known for its clean, classic styles that cater to women. The brand has been focusing on sustainable practices and promoting locally-made products, which has resonated with environmentally-conscious consumers.

• Key Products: Women’s apparel, accessories, and footwear.

• Prominent Customers: Women, professionals, and eco-conscious consumers.

• Competitors: Plains & Prints, Kamiseta, and Zara Philippines.

• Website: Bayo

6. Toyo Eatery and Apparel

• Headquarters: Manila, Philippines

• Estimated Revenue (2023): USD 5-10 million (Philippines only)

• Employees: 100+ (Philippines)

• Main Business: Toyo Eatery is a unique blend of a restaurant and fashion label. The brand has grown quickly by combining culinary arts with a line of apparel that reflects the same Filipino creativity and craftsmanship.

• Key Products: Streetwear, casual wear, and accessories inspired by Filipino culture.

• Prominent Customers: Foodies, fashion-forward individuals, and culturally-conscious consumers.

• Competitors: Local designer brands, lifestyle shops, and souvenir boutiques.

• Website: Toyo Eatery and Apparel

7. Plains & Prints

• Headquarters: Mandaluyong, Philippines

• Estimated Revenue (2023): USD 30-40 million (Philippines only)

• Employees: 800+ (Philippines)

• Main Business: Plains & Prints is a well-known women’s fashion brand in the Philippines, offering a wide range of stylish, office-appropriate, and casual clothing. The brand frequently collaborates with local designers for limited edition collections.

• Key Products: Women’s apparel, dresses, and accessories.

• Prominent Customers: Women professionals, middle-income consumers, and fashion-conscious individuals.

• Competitors: Bayo, Kamiseta, and Zara Philippines.

• Website: Plains & Prints

8. World Balance

• Headquarters: Quezon City, Philippines

• Estimated Revenue (2023): USD 70-100 million (Philippines only)

• Employees: 1,000+ (Philippines)

• Main Business: World Balance is a Filipino athletic footwear and apparel brand that has been growing rapidly due to its affordable yet high-quality products. The brand targets a wide demographic, from athletes to casual wearers.

• Key Products: Athletic footwear, casual shoes, and activewear.

• Prominent Customers: Athletes, fitness enthusiasts, and general consumers.

• Competitors: Nike Philippines, Adidas Philippines, and Skechers Philippines.

• Website: World Balance

9. Giordano Philippines

• Headquarters: Makati, Philippines

• Estimated Revenue (2023): USD 50-70 million (Philippines only)

• Employees: 600+ (Philippines)

• Main Business: Giordano is a global fashion brand that has a strong presence in the Philippines, known for its simple, timeless designs and high-quality basics. The brand appeals to a broad audience looking for casual and comfortable clothing.

• Key Products: Casual wear, basics, and accessories for men, women, and children.

• Prominent Customers: Middle-income consumers, families, and young adults.

• Competitors: Uniqlo Philippines, Bench, and Penshoppe.

• Website: Giordano Philippines

10. Skechers Philippines

• Headquarters: Manila, Philippines

• Estimated Revenue (2023): USD 60-80 million (Philippines only)

• Employees: 500+ (Philippines)

• Main Business: Skechers is a global footwear brand that has been rapidly expanding its presence in the Philippines, known for its comfortable and stylish shoes. The brand caters to a wide range of consumers, from fitness enthusiasts to casual wearers.

• Key Products: Footwear for men, women, and children, including athletic shoes, casual shoes, and sandals.

• Prominent Customers: Families, athletes, and general consumers.

• Competitors: Nike Philippines, Adidas Philippines, and World Balance.

• Website: Skechers Philippines

These companies are experiencing significant growth due to their strong brand identities, ability to tap into local and global trends, and effective marketing strategies that resonate with Filipino consumers.